Rochester, NY
Banquet Halls For Sale
Gates/Chili Area Bar, Restaurant, Party Room
Ashtabula Event Center
REAL ESTATE INCLUDED
Andover, OH
Legendary Chicago Nightclub & Bar w/Real Estate
REAL ESTATE INCLUDED
Chicago, IL
Dazzling Wedding Venue in beautiful Finger Lakes
REAL ESTATE INCLUDED
Ithaca, NY
Elegant Banquet Hall with Real Estate – Host Unforgettable Events
REAL ESTATE INCLUDED
Tarrant County, TX
First Class Event Venue For Sale in Southern Ohio
REAL ESTATE INCLUDED
Ohio
Banquet Hall in Plano
Plano, TX
Bucks County Restaurant/Bar/Events Venue
REAL ESTATE INCLUDED
Chalfont, PA
Own the Business and the Building - The Mad Hatter, South Shore, MA
Norfolk County, MA
Historic 19 Room Inn with Endless Possibilities in Central IL
REAL ESTATE INCLUDED
Illinois
Event Venue
Bowling Green, KY
Stunning, Absentee Wedding Venue
Dallas, TX
Banquet Hall for sale in Miami. Florida. Open since 1983..
Miami, FL
Missouri Event Venue within Gated Vacation Resort Development
$4,500,000
Camdenton, MO
Beloved Local Restaurant and Banquet Room with Loyal Customer Base
REAL ESTATE INCLUDED
Hartford County, CT
Winery and Banquet Center- Less Than One Hour from St. Louis
REAL ESTATE INCLUDED
St. Louis County, MO
Liquor License Sales PA-NJ, LLC
Liquor License Sales PA-NJ, LLC.
Serving Philadelphia County, PA
Liquor License Sales PA-NJ, LLC is a full service liquor license brokerage that works only in Pennsylvania and New Jersey. We have been in business for over 20 years and work with everyone from the independent owner who wishes to expand their business to many of the corporate restaurant chains, grocery and convenience store groups. Need market values? We may be able to help! Give us a call!
Contact me
Successful Busy Banquet Facility & Italian Restaurant.
Hudson County, NJ
Buy or Sell a Banquet Hall
Banquet halls listed for sale on BizBuySell are event focused hospitality businesses such as wedding and reception venues, banquet halls, event centers, multi use celebration spaces, and hybrid properties that combine venues with lodging, restaurants, or bars, with listings often including owned real estate and fully built out facilities. These businesses typically operate on a booking driven hospitality model, generating revenue through venue rental fees, per event pricing, food and beverage packages, bar service, and add on services such as décor, coordination, or lodging, often with advance deposits and booked event calendars providing revenue visibility.
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 61 |
| Asking Price | $690,000 |
| Reported Revenue | $652,920 |
| Reported Seller's Discretionary Earnings | $160,000 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $250,000 | $690,000 | $2,200,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Banquet Halls for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $350,060 | $98,440 |
| Median | $652,920 | $160,000 |
| Upper Quartile | $1,200,000 | $292,000 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Banquet Halls listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.70 | 2.48 |
| Median | 0.93 | 3.60 |
| Upper Quartile | 2.10 | 6.18 |
FAQ's
How much does it cost to buy a Banquet Hall?
The median asking price for an established Banquet Hall is $690,000, though prices range from under $250,000 to well over $2,200,000.
How much do Banquet Halls owners earn?
The median reported revenue of Banquet Halls is $652,920 and owners earn a median of $160,000, which includes the owners salary and any other financial benefits they receive.
How do I value a Banquet Hall?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Banquet Halls, revenue multiples range from 0.70 to 2.10, with a median of 0.93. Earning multiples range from 2.48 to 6.18, with the median at 3.60. This means the typical Banquet Hall may ask for around 0.93 times its annual revenue, and 3.60 times its annual owner earnings.
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